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Integra Resources initiated with a Buy at Roth Capital

Roth Capital initiated coverage of Integra Resources (ITRG) with a Buy rating and $5.75 price target The firm says the shares are “significantly undervalued” due to the company’s higher near-term sustaining expenditures and uncertainty as to the timing of development of additional projects. Roth expects resolution of both issues in the coming quarters to drive a share valuation.

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